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TM

Taurian MPS IPO

Listed SME NSE SME · Industrial Products

Price Band

₹162.0–171.0

Issue Size

₹42.53 Cr

Lot Size

800 shares

Min Investment

₹273,600

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹14.0 (8.19%)

Issue Price

₹171.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹8500

Paid only if allotted

Taurian MPS IPO AI Summary

  • Taurian MPS IPO is listed on NSE SME in the Industrial Products sector.
  • Price band: ₹162.0–₹171.0 per share, lot size 800 shares (min. investment ₹273,600, 2 lots minimum).
  • Subscription window: 09 Sep–11 Sep 2025, listing on 16 Sep 2025.
  • Current GMP is +₹14.0 (8.19%), an estimated listing price of ₹185 — unofficial and can change daily.

Taurian MPS Limited is an SME IPO focused on manufacturing crushing and screening equipment. With a strong emphasis on quality and innovation, the company has shown significant growth in revenue and profit over recent periods. The IPO aims to raise funds for expanding its operations and improving R&D capabilities.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Taurian MPS IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 11 Sep 2025 — not a current signal.

Neutral 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Tue, 09 Sep 2025
IPO Close Date
Thu, 11 Sep 2025
Allotment Date
Fri, 12 Sep 2025
Refund Initiation
Mon, 15 Sep 2025
Credit of Shares
Mon, 15 Sep 2025
Listing Date
Tue, 16 Sep 2025
Listing Price
₹185.0 +8.19%

Subscription Status

Subscription data unavailable

Taurian MPS IPO Grey Market Premium (GMP) Today

GMP

+₹14.0

GMP %

+8.19%

Est. Listing

₹185.0

Updated: 25 Jul 2026 14:12

About the Company

Incorporated in June 2010, Taurian MPS Limited manufactures and supplies crushing and screening equipment for mining and construction, offering high-quality, innovative machinery for challenging terrains, emphasizing precision, performance, and customer service. Their product range includes crushers, screens, and complete plants under the "Taurian" brand, advocating for "Make in India" production. The company's product range includes Jaw crushers, cone crushers, VSI crushers, vibrating screens, washing systems, and complete crushing plants. The company operates a 64,773 sq. ft. manufacturing unit near Bhagwanpur, Roorkee, Haridwar. Equipped with advanced processing capabilities and experienced staff, they ensure quality assurance through testing raw materials and finished goods, adhering to better quality norms. The company supplies its products in the states of Uttarakhand, Karnataka, Chhattisgarh, Himachal Pradesh, Delhi, Haryana, Ladakh, Andhra Pradesh, Meghalaya, Rajasthan, Madhya Pradesh, Uttar Pradesh, Jharkhand, Jammu & Kashmir, Gujarat, Maharashtra, Odisha, and West Bengal and also appointed dealers in Maharashtra and Raipur, Chhattisgarh. As of July 31, 2025, there are 94 employees on payroll. Competitive Strength Comprehensive Product Portfolio. Stringent quality control throughout manufacturing with FMEA and APQP to anticipate issues Experience Management Team Diversified Customer Base with significant sales in Rajasthan and Maharashtra.

Company Financials (₹ Cr)

As of 2025-03-31

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 73.17 39.12 28.67
Total Income 73.70 44.17 10.86
Profit After Tax 9.50 11.32 0.22
EBITDA 15.08 8.14 2.25
NET Worth 34.30 19.29 7.98
Reserves and Surplus 27.90 13.29 1.98
Total Borrowing 9.11 7.17 14.14

Key Ratios

EPS

₹15.14

NAV

₹53.62

ROE

35.44%

ROCE

31.64%

RoNW

27.69%

P/B Value

3.19

P/E Ratio

11.29

Market Cap

₹151.90 Cr

PAT Margin

12.92%

Debt/Equity

0.27

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Mcnally Bharat Engineering Company Ltd. -1767.68 29.12% -0.04 -88.69 -88.69
Taurian MPS Limited This IPO 53.62 27.69% — 15.14 15.14

Promoters

Yashvardhan Sumit Bajla, Puja Sumit Bajla, Palss Properties Pvt.Ltd., Castelos Parts Pvt.Ltd. and Danta Resins Pvt.Ltd.

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Acquisition of machineries and equipments at existing production facility 6.07 2 Acquisition of equipments to improve the Research and Development facilities to promote innovation 1.95 3 To meet working capital requirements 22.60 4 General Corporate Purposes 4.71 5 Issue Expenses 7.20 Total 42.53

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹10.86 Cr in the period ending 31 Mar 2023, rising to ₹44.17 Cr by 31 Mar 2024, and further increasing to ₹73.70 Cr by 31 Mar 2025.

Profit Trend

Profit After Tax was ₹0.22 Cr in the period ending 31 Mar 2023, increasing to ₹11.32 Cr by 31 Mar 2024, though this is a 9-month figure, not a full year, so isn't directly comparable. By 31 Mar 2025, Profit After Tax was ₹9.50 Cr.

Valuation

Taurian MPS Limited's implied P/E at the issue price is approximately 11.29, compared to peers like Mcnally Bharat Engineering Company Ltd. which has a P/E of -0.04.

Grey Market Premium, Explained

The Grey Market Premium (GMP) is an unofficial indicator of the expected listing price of an IPO. It reflects the demand for the shares in the grey market, which operates outside the stock exchange. A positive GMP suggests that investors expect the stock to list at a higher price than the issue price.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment strategy and risk appetite. It is important to consider the company's fundamentals and market conditions.

Who May Want to Wait

Investors who are risk-averse or prefer stable and established companies may want to avoid IPOs like this, which can be more volatile and uncertain in their performance.

IPO Timeline, Explained

The IPO opens for subscription on September 9, 2025, and closes on September 11, 2025. Allotment of shares will be done on September 12, 2025, with the listing date set for September 16, 2025.

Listing Gains — The Risk

Listing gains refer to the potential profit that investors can make when the stock lists on the exchange at a higher price than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock on listing day.

This evaluation is generated from Taurian MPS's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Taurian MPS IPO GMP today?

Taurian MPS IPO GMP today is +₹14.0 (8.19%), indicating an estimated listing price of ₹185. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Taurian MPS IPO?

The price band of Taurian MPS IPO is ₹162.0–₹171.0 per share.

When does Taurian MPS IPO open and close?

Taurian MPS IPO opens on 09 September 2025 and closes on 11 September 2025.

When does Taurian MPS IPO list on the stock exchange?

Taurian MPS IPO listed on 16 September 2025 at ₹185.0.

What is the lot size for Taurian MPS IPO?

The lot size for Taurian MPS IPO is 800 shares, requiring a minimum investment of ₹273,600 (2 lots).

What is the lot size for the IPO?

The lot size for the IPO is 800 shares.

What is the minimum investment required?

The minimum investment required is ₹273,600.

What is the price band for the IPO?

The price band for the IPO is between ₹162.0 and ₹171.0.

When is the listing date?

The listing date is September 16, 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on demand in the grey market.

Issue Details

Issue Type SME Book Built
Issue Size ₹42.53 Cr
Price Band ₹162.0 – ₹171.0
Issue Price ₹171.0
Lot Size 800 shares
Min Investment ₹273,600 (2 lots minimum)
Exchange NSE SME
Sector Industrial Products
Open Date 09 Sep 2025
Close Date 11 Sep 2025
Allotment 12 Sep 2025
Listing Date 16 Sep 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Gretex Corporate Services Ltd.

IPO Timeline

Open

09 Sep 2025

Close

11 Sep 2025

Allotment

12 Sep 2025

Listing

16 Sep 2025

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